CORPORATE PRESENTATION Water Business Sugar Business Triveni - PowerPoint PPT Presentation

CORPORATE PRESENTATION Water Business Sugar Business Triveni Engineering & Industries Co-generation & Gears Business Ltd. Distillery Business DECEMBER 2014

Triveni Group Organisation Structure Triveni Group Triveni Triveni Engineering Turbine TEIL holds 21.8% of the equity in TTL & Industries Ltd. (TTL) Ltd. (TEIL) 50% plus one share Co- GE Triveni Sugar Sugar Distillery generation Ltd. Businesses Business Business Business (GETL) Engineering Gears Water Businesses Business Business

Triveni Group Fact Sheet Two Independent Listed Companies – Triveni Engineering &  Industries Ltd. and Triveni Turbine Ltd. Listed in both National Stock Exchange & Bombay Stock  Exchange – Market Cap of ~ INR 46 billion (December 3, 2014) Promoter driven, professionally managed companies with  eminent and independent Board of Directors Triveni Engineering is one of the largest integrated sugar  manufacturers in India and market leader in its engineering businesses comprising high speed gears, gearboxes, and water & waste water treatment solutions. Triveni Turbine Ltd. is the market leader in the steam  turbines upto 30 MW size. Pan India Presence 

Triveni Engineering & Industries Ltd. Triveni Engineering & Industries Ltd. (TEIL) Sugar Engineering Businesses Businesses

Engineering Business – Pan India Presence ENGINEERING BUSINESS Noida GEARS BUSINESS - MYSORE Market leader in High speed gears & gear boxes upto 70 MW capacity and speed of WATER BUSINESS 70,000 rpm – NOIDA Corporate Office Mysore Manufacturing Facilities A leading player in the high technology Water Treatment Projects water & wastewater management business

Engineering Businesses – Revenue Growth 3951 4000 3500 3068 3000 2736 2625 2500 ` in millions 2000 1730 1437 1500 1000 651 565 423 392 325 500 256 0 FY08 FY09 FY10 FY11 FY12 FY12-14* Revenue PBIT FY 12-14* - 18 months period from Oct 12 – Mar 14

Gears Business  Triveni is in the business of design, manufacture markets in South East Asia such as Malaysia, and marketing of customised gears and Indonesia, Singapore, Thailand with the gearboxes (both high speed and niche low speed possibility of enhancing territories in the gears) having a state-of-the-art design and future. manufacturing facility at Mysore conforming to  Niche engineered-to-order high technology international standards. About 70% market low speed gear applications with Lufkin for share in complete high speed gear market four industrial segments viz., Rubber & across applications up to 70 MW capacity and Plastics, Metals and Steel, Marine and Coal speeds of 70,000 rpm. pulverizer application in the thermal power  Own developed technology for high speed gear plants. boxes upto 7.5 MW and for hydel gearbox range upto 6 MW. Range above 7.5 MW-62 MW is manufactured using technology licensed from Lufkin, USA.  High Speed Gears product range includes all Steam Turbine gear boxes, gear boxes for compressors and load gear boxes for gas turbines. Geographies extended to cover major

Gears Business – Financial Performance 1600 1421 1400 1202 1200 ` in millions 1043 1014 1000 769 733 800 600 419 397 345 400 301 244 220 200 0 FY 08 FY 09 FY10 FY11 FY12 FY12-14* Net Sales PBIT FY 12-14* - 18 months period from Oct 12 – Mar 14  The performance of this unit was impacted by  The order in-take of ` 31.5 crore for the quarter the overall slowdown in the capital goods has been lower by 16% when compared with the segment. corresponding quarter.  Lower turnover during the quarter was on  The company’s focus on development of new account of deferment of deliveries of large value products and exports is continuing and the gear boxes by some large OEMs. business is confident of registering growth.  The retrofitting spares and loose gears share for  Few OEMs from Japan and Europe have already the quarter & half year has been 34% & 38% approved GBG which would result in incremental respectively. orders based on their requirements. Outstanding Order Book as on 30 th Sep 2014 – ` 596 million

Water Business  Technology association with world’s leading  During FY12, the company has made a long technology providers for various products, term strategic investment by acquiring 25.04% process & solutions such as Ultra filtration (UF), equity stake in Aqwise-Wise Water Technologies Reverse Osmosis (RO), Moving Bed Bio Reactor Limited, a company registered in Israel, (MBBR) etc. engaged in providing water treatment solutions using proprietary technology. The investment is  One of the widest ranges of products & synergistic to the water / waste water business technologies offered in the Indian Market. of the company. Indigenous Product lines include clarifiers, aerators, filters, membrane solutions, de- watering equipment and high purity water systems.  Over 2000 numbers of process equipments for water & waste water treatment applications, supplied and commissioned till date.  With the visibility of a fast growing market, Water Business expected to grow consistently in future.

Water Business 3000 2530 2500 1866 2000 1692 1610 ` i n millions 1500 997 1000 668 500 219 232 148 123 105 -141 0 FY 08 FY 09 FY 10 FY 11 FY 12 FY 12-14 (*) -500 Net Sales PBIT FY 12-14* - 18 months period from Oct 12 – Mar 14  While the turnover is higher than the previous  During the current quarter, the order intake was ` periods, it was constrained to achieve an optimal 52.5 crore while the business had booked turnover in view of delay in projects. substantially large value contracts during the same period last year. Several large value orders  The Water Business will be completing and are in the pipeline or under finalization. handing over several projects in FY 15, which not only will bring down the capital deployed in the  The business has a comfortable order book which business but also provide with pre-qualification should result in reasonable growth in the credential to bid for larger projects. subsequent quarters subject to customers proceeding with the project as scheduled. Outstanding Order Book as on 30 th Sep 2014 – ` ` 4.99 billio illion (including ` 2.15 billion towards O&M)

Sugar Businesses SUGAR BUSINESSES SUGAR BUSINESS One of the largest DISTILLERY sugar producers in BUSINESS India with seven sugar manufacturing CO-GENERATION One of the largest facilities BUSINESS single stream molasses based Three co-generation & distillery in the country located at three incidental co- Muzaffarnagar generation units at four of its facilities viz., Khatauli, Deoband, Chandanpur, Milak Narayanpur & Sabitgarh

Sugar Business – Industry Overview Global:  On the International front, as per the industry  As per industry sources, the forecast for world estimate the sugarcane crushed season-to-date sugar surplus in 2014-15 has been revised to i.e. April to September in the Brazil Centre- 1.31 million tonnes in August 2014. South region is 1% higher year on year at 412.7 mln tonnes, while sugar production is 2% higher at 23.5 mln tonnes. India:  As per recent estimates, the total sugarcane early variety will be ` 290/quintal and that for acreage of the country in Sugar Season (SS) rejected variety will be ` 275/quintal. 2014-15 would be around 52.94 lakh ha, which  The sugarcane payment has to be made to the is about 1% less than last year. farmers in two installments. The first installment  As against country’s production of 24.3 million would be paid by the mills within 14 days at the tonnes in SS 2013-14, the production is rate of ` 40 per quintal less than the SAP and if expected to increase to over 25 million tonnes in the payment of the first installment is not made SS 2014-15. in 14 days of the cane purchase, it will attract statutory interest. The second installment has to  As per the Press Release, The Uttar Pradesh be made within three months from the close of government has decided to keep the State crushing operation. Advised Price (SAP) for sugarcane unchanged at the same level as last year, i.e., the price for  The state government has also announced to general variety will be ` 280/quintal, that for give reimbursement and subsidy of ` 20/quintal to help the sugar mills to pay the second installment of ` 40/quintal based on conditions.